TechXact looks to invest $5.4 billion in Brazil

January 12th, 2016, Sao Paulo, Brazil, TechXact Group announced that it has plans to invest $5.4 billion over three years in Brazil for building data centers in three Brazilian cities.

TechXact executives visiting with government authorities said during a phone interview with Alberto Alerigi of Reuters, “Brazil's neutral status in the international community is a strong selling point for the project, Carlos Tavares, TechXact's Vice President of strategic alliances said. None of TechXact's thousands of clients would object to storing their data in Brazil.”

The foreign investment branch of Sao Paulo State's Government said in a press release it planned to sign a memorandum of understanding with TechXact confirming two of the centers would be based in the cities of Campinas and Sorocaba. The third data center will likely be in Recife, in the northeastern state of Pernambuco, the statement said.

TechXact plans to fund the project with its own capital as well as investments from sovereign wealth funds and development banks. In this visit TechXact delegation was received and met with governors, mayors, members of cabinet, the US Consulate, as well as technical universities and multi-national development/investment firms.

About TechXact - TechXact is the global leader of optimizing data centers and delivering state-of-the-art mission-critical sites and facilities through its expert driven data center services and solutions whose core-competency remains in designing, developing, implementing, and supporting robust, reliable, fully redundant, highly secured, highly available, and highly scalable Data Center and Infrastructure Solutions with the lowest cost of ownership possible.

TechXact has been developing and providing cutting-edge solutions through decades of accumulated expertise and in-depth experience across platforms, industries and varied terrains. TechXact leads its campaigns from its Americas, European, MEA and Asian presence and its tens of channel partners, resellers, associates, and affiliates worldwide. TechXact actively seeks, qualifies and joins with prospective partners in different industries and territories to expedite the advancement of its mottos into heavy industries, auto, real estate, telecommunication, education homeland security, aviation, banking and finance, health care, hospitality, insurance, law enforcement, manufacturing, military, public safety, retail, and travel & tourism with industry-specific calibration. In the marketplace, through the years, TechXact has served as IDCA’s fulfillment arm. More on TechXact: techxact.com.